This property lies in the planned Loop 202 freeway alignment. Is this good or bad from an investment point?

Asked by Patrick Mondone, Phoenix, AZ Wed Feb 18, 2009

I would plan to live in it until a decision on the final alignment is made.

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This question is about this property: http://www.trulia.com/property/1020428635-2725-E-Redwood-Ln-…

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Carlos Ramir…, Agent, Mesa, AZ
Wed Feb 18, 2009
Patrick,

That will depend on you and your risk level. The plan was anounced some time ago, so the current price will reflect that possibility - as I am sure the sellers are very aware of that. If the goverment needs to get your home, through Eminent Domain, they will give you fair market value, so you will not be in a position to just ask any amount you want.

Carlos
ABR - Accredited Buyer Representative
Web Reference:  http://www.SmartAZRealty.com
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